Polaris to acquire Laser Soft for Rs.52 crore

CHENNAI - City-based banking, financial services and insurance (BFSI) company Polaris Software Lab Thursday said it will acquire competitor Laser Soft Infosystems for Rs.52 crore.

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Cognizant acquires UBS Indian set-up

CHENNAI - The Nasdaq-listed software services firm Cognizant Technology Thursday announced it would acquire Hyderabad-based UBS India Service Centre, the captive service provider to the UBS Group for an undisclosed sum.

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Polaris Software to acquire Laser Soft for Rs.52 crore

CHENNAI - Polaris Software, which caters to the banking, financial services and insurance space, is acquiring Laser Soft Infosystems, a competitor, for Rs.52 crore in a cash deal.

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3G pre-bid conference to be on Oct 12

CHENNAI - The pre-bid conference with prospective bidders for third generation (3G) mobile telephony services is likely to be held Oct 12 where the procedure and schedule of spectrum auction will be discussed.

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Latin America offers good trade avenues for India, says envoy

CHENNAI - The Latin American region, unaffected by the global meltdown, offers good business opportunities for Indian companies in sectors such as information technology (IT), pharmaceutical, renewable energy, agri-business and manufacturing, said a senior Indian diplomat here Tuesday.

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Kerala software park to be expanded over 160 acres

CHENNAI - The second phase of softyware park Infopark in Kochi, which may be developed under a public-private partnership (PPP) model, will come up over 160 acres, said a top company official here Monday.

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Anantara Solutions wins Cloud Computing deal

CHENNAI - Anantara Solutions, the pioneer of Second Generation Outsourcing (SGO), today announced that it has won a Cloud Computing deal from Srini NewCo, a US-based start-up.

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Sun Direct ties up with IBM India

CHENNAI - Direct-to-home (DTH) service provider Sun Direct has tied up with software major IBM India to implement and manage customer relationship management services, it was announced Tuesday.

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Dell India to renew focus on small, medium business

CHENNAI - With India housing around 7.6 million small and medium business (SMB) units and offering a good growth opportunity, computer manufacturer Dell India has realigned its focus on the sector, a senior company official said Friday.

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Indian software gleans clear pictures out of blurry images

CHENNAI - A new software designed by two Indian electronic engineers gleans clear pictures out of hazy or blurry images.

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